UNI drops 12.52% to $7.76 as DeFi liquidations weigh on market
- —UNI trades at $7.76, down 12.52% on the day
- —Volume of $838.45 million equals 17.28% of its $4.85 billion market cap
- —MACD is bearish while the stochastic sits at 1.4%, signaling oversold conditions
- —A break below $7.72 opens the door to the 50-day SMA at $6.91
Why it matters: UNI's slide reflects broader pressure on DeFi tokens: losing $7.72 raises downside risk toward $6.91, while reclaiming $8.22 would stabilize the picture.
Source: DiarioBitcoin